The Board shall, by rule, adopt data standards for all collections of information and reports regularly filed with or submitted to the Administration under this chapter.
(b)
Consistency
section 5334 of this titleThe data standards required under subsection (a) shall incorporate, and ensure compatibility with (to the extent feasible), all applicable data standards established in the rules promulgated under , including, to the extent practicable, by having the characteristics described in clauses (i) through (vi) of subsection (c)(1)(B) of such section 5334.
Pub. L. 117–263section 1772f of this title12 U.S.C. 5334(b)(2)section 5811(a) of this titleThe National Credit Union Administration Board shall issue rules to carry out the amendments made by this subtitle [subtitle G (§§ 5871–5874) of title LVIII of div. E of , enacting this section and ], which shall take effect not later than 2 years after the date on which final rules are promulgated under section 124(b)(2) of the Financial Stability Act of 2010 [], as added by .
“(b)
Scaling of Regulatory Requirements; Minimizing Disruption .—
In issuing the rules required under subsection (a), the National Credit Union Administration Board—
“(1)
may scale data reporting requirements in order to reduce any unjustified burden on smaller regulated entities; and
“(2)
shall seek to minimize disruptive changes to the persons affected by those regulations.”
, , , provided that:
Rule of Construction Regarding No New Disclosure Requirements
Pub. L. 117–263section 1772f of this title12 U.S.C. 1751“Nothing in this subtitle [subtitle G (§§ 5871–5874) of title LVIII of div. E of , enacting this section, , and provisions set out as a note under this section], or the amendments made by this subtitle, shall be construed to require the National Credit Union Administration Board to collect or make publicly available additional information under the Federal Credit Union Act ( et seq.), beyond information that was collected or made publicly available under that Act, as of the day before the date of enactment of this Act [].”